Midwest Energy Ltd

Mon 7/09/2026,14:42:0 | BSE : REMAGNET

₹3722.35-70.85 (-1.87%)

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Market Data

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Open

₹ 3711.05

Previous Close

₹ 3793.20

Volume

361

Mkt Cap ( ₹ Cr)

₹ 4828.71

High

₹ 3800.00

Low

₹ 3711.05

52 Week High

₹ 5900.00

52 Week Low

₹ 1824.05

Book Value Per Share

₹ 308.15

Dividend Yield

₹ 0.00

Face Value

₹₹10.00

What's Your Call?

Collective community sentiment on Midwest Energy Ltd

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Buy

75.00%

Hold

0.00%

Sell

25.00%

75.00%

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News

Media spotlight triggers stock stock attention, sentiment.

  • Midwest Energy - Announcement under Regulation 30 (LODR)-Monitoring Agency Report

    14 Aug 2026, 10:03PM Monitoring Agency Report for the quarter ended June 30, 2026.
  • Midwest Energy - Results-Financial Results For June 30, 2026

    10 Aug 2026, 10:03PM Unaudited Financial Results (Standalone and Consolidated) for the quarter ended 30th June 2026.
  • Midwest Energy - Board Meeting Outcome for Meeting Held On August 10, 2026 For Approval Of Financial Results For The Quarter

    10 Aug 2026, 9:49PM We wish to inform you that the Board of Director in their meeting held on August 10, 2026 has, inter alia, considered and approved the Un-audited (Sta
  • Midwest Energy - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

    8 Aug 2026, 11:24PM Notice of Postal Ballot
  • Midwest Energy - Board Meeting Intimation for Meeting Scheduled To Be Held On Monday, August 10, 2026.

    5 Aug 2026, 4:58PM Midwest Energy Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/08/2026 ,inter alia, to consider and a
  • Midwest Energy - Revised Outcome For Board Meeting Held On 28Th July 2026.

    29 Jul 2026, 9:00PM Revised submission of the Outcome of the Board meeting dated 28th July 2026 to incorporate the additional disclosure relating to the resignation of th
  • Midwest Energy - Board Meeting Outcome for For Meeting Held On July 28, 2026- Change In Management

    28 Jul 2026, 10:02PM The Board of Directors at its meeting held on July 28, 2026, inter alia, considered and approved/took note of the items as detailed in the attached Ou
  • Midwest Energy has submitted to BSE the Shareholding Pattern for the Period Ended June 30, 2026

    21 Jul 2026, 5:00PM As of June 2026, 58.45% is owned by Indian Promoters and 41.55% by Public. <p align=justify> Top five Promoters holding highest number of shares of Mi
  • Midwest Energy - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    20 Jul 2026, 2:47PM Midwest Energy inaugurates its Giga Watt Scale manufacture facility for manufacture Battery Energy Storage Systems
  • Midwest Energy - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    9 Jul 2026, 3:25PM Certificate under Reg. 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quater ended June 30, 2026.
  • Midwest Energy - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    8 Jul 2026, 11:23AM Midwest Energy Limited, along with Midwest Limited and Non- Ferrous Materials Technology Development Centre (NFTDC), has signed a Memorandum of Unders
  • Midwest Gold - Board Meeting Outcome for Approval Of Sub-Division (Stock Split) Of Equity Shares From Face Value Of Rs. 10/-

    30 Jun 2026, 2:02PM Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Dire
  • Midwest Gold - Board Meeting Outcome for Outcome Of The Board Meeting Held On June 27, 2026 - Appointment Of Mrs. Soumya Kukr

    27 Jun 2026, 4:32PM The Board of Directors of the Company, at its meeting held today, i.e., June 27, 2026, has approved the appointment of Mrs. Soumya Kukreti (DIN: 01760
  • Midwest Gold - Board Meeting Intimation for Meeting Scheduled To Be Held On Tuesday, 30Th June 2026 To Consider And Approve T

    24 Jun 2026, 1:44PM Midwest Gold Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/06/2026 ,inter alia, to consider and app
  • Midwest Gold - Audited Financial Results(Standalone And Consolidated) For The Quarter And Year Ended 31St March 2026

    12 Jun 2026, 4:35PM Resubmission pursuant to BSE email for separate filing of Statement on Impact of Audit Qualifications (Audit Report with Modified Opinion) for Standal

Key fundamentals

Evaluate the intrinsic value of Midwest Energy Ltd stock 

Name March-26 March-25 March-24 March-23 March-22
Assets 519.738 120.154 3.6466 4.2962 10.9114
Liabilities 519.738 120.154 3.6466 4.2962 10.9114
Equity 12.8987 11.0479 3.27 3.27 3.27
Gross Profit -2.0125 -3.0404 -1.0424 -5.2284 -1.3958
Net Profit 2.7959 -3.941 -2.2962 -9.6064 -1.6193
Cash From Operating Activities -19.6553 -3.0693 -0.4143 -1.8151 0.6175
NPM(%) 11.42 -882.84 -219.66 -548.84 -1310.6
Revenue 24.4641 0.4464 1.0453 1.7503 0.1235
Expenses 26.4766 3.4868 2.0877 6.9787 1.5193
ROE(%) 0.69 -0.98 -0.57 -2.4 -0.4

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day

Peers

Other companies within the same industry or sector that are comparable to Midwest Energy Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Jain Marmo Industries Ltd 22.00 0.00 0.00 1187.50 0.90 0.00
HG Industries Ltd 278.00 4.97 0.00 1757.62 -32.36 0.00
Neelkanth Rock-Minerals Ltd 59.16 2.00 102.00 1913.18 4.50 0.00
Elegant Marbles and Grani Industries Ltd 194.00 4.81 18.08 1123.92 113.11 0.52

Company Info

Midwest Gold Limited was originally incorporated as a Limited Company under the name and style of M/s. Nova Granites (India) Limited on 20th day of November, 1990 in the State of Karnataka. The Company was incorporated as 100 % EOU with an object of processing of Granite Blocks including mining and processing of all other types of minerals. Company had commenced its commercial operations in the year 1990. In order to meet the financial needs to expand the existing business and to add few more products the Company went to public issue in the year 1994-95 and raised capital from public. In view of encouraging liberalized mining permissions to excavate Gold as taken by the Central Government to boost up the industry and economic conditions prevailing in the Country, Board had decided to diversify, inter-alia, into Gold mining and other related activities in the year 2010 without leaving its original business activities. Since then the Company has diversified into Gold Mining and related business, which was booming in India and in view of the same the Company had changed its name to M/s. Midwest Gold Limited in December, 2010. The timely decision of the Company to diversify into Gold mining business expected to be start yielding results in the very near future.YEAR EVENTS1990- The company was incorporated as a public limited company on 20th November, with its registered office at Bangalore and obtained its Certificate of Commencement of business on 1st October 1992. Promoted by Prabhat K. Tyagi, Subhas and Mahbubani, Pawan Kumar Jain and J. Basant Suravo. - The main objective of the company is to manufacture polished granite slabs and tiles. - The company was planning to set up a 100% EOU for the manufacture of polished granite tiles and slabs with an installed capacity of 89,600 sq. mts. per annum at Attibela, Anekal Taluk, Bangalore district in Karnataka. 1995 - 17,30,570 shares were held by promoters and their relatives. 58,69,430 shares were issued through prospectus of which 26,69,430 shares were allotted to promoters, Directors, their friends and relatives. Of the remaining 32,00,000 shares, 12,00,000 shares were allotted on firm allotment basis to UTI, SBI Mutual Fund, 20th Century Mutual Fund and IDBI. Balance 20,00,000 shares were allotted to the public (all were taken up).2011-Company has changed its name from Nova Granites (India) Ltd. to Midwest Gold Ltd. 2025-The Scheme of Amalgamation between Midwest Energy Private Limited with Midwest Gold Limited.

Midwest Gold Limited was originally incorporated as a Limited Company under the name and style of M/s. Nova Granites (India) Limited on 20th day of November, 1990 in the State of Karnataka. The Company was incorporated as 100 % EOU with an object of processing of Granite Blocks including mining and processing of all other types of minerals. Company had commenced its commercial operations in the year 1990. In order to meet the financial needs to expand the existing business and to add few more products the Company went to public issue in the year 1994-95 and raised capital from public. In view of encouraging liberalized mining permissions to excavate Gold as taken by the Central Government to boost up the industry and economic conditions prevailing in the Country, Board had decided to diversify, inter-alia, into Gold mining and other related activities in the year 2010 without leaving its original business activities. Since then the Company has diversified into Gold Mining and related business, which was booming in India and in view of the same the Company had changed its name to M/s. Midwest Gold Limited in December, 2010. The timely decision of the Company to diversify into Gold mining business expected to be start yielding results in the very near future.YEAR EVENTS1990- The company was incorporated as a public limited company on 20th November, with its registered office at Bangalore and obtained its Certificate of Commencement of business on 1st October 1992. Promoted by Prabhat K. Tyagi, Subhas and Mahbubani, Pawan Kumar Jain and J. Basant Suravo. - The main objective of the company is to manufacture polished granite slabs and tiles. - The company was planning to set up a 100% EOU for the manufacture of polished granite tiles and slabs with an installed capacity of 89,600 sq. mts. per annum at Attibela, Anekal Taluk, Bangalore district in Karnataka. 1995 - 17,30,570 shares were held by promoters and their relatives. 58,69,430 shares were issued through prospectus of which 26,69,430 shares were allotted to promoters, Directors, their friends and relatives. Of the remaining 32,00,000 shares, 12,00,000 shares were allotted on firm allotment basis to UTI, SBI Mutual Fund, 20th Century Mutual Fund and IDBI. Balance 20,00,000 shares were allotted to the public (all were taken up).2011-Company has changed its name from Nova Granites (India) Ltd. to Midwest Gold Ltd. 2025-The Scheme of Amalgamation between Midwest Energy Private Limited with Midwest Gold Limited.

Parent Organisation

Midwest Energy Ltd.

Founded

20/11/1990

Managing Director

NSE Symbol

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